#Robinhood heading to the death pointas long as the price above 54 $
targets will be
66 $
79 $
if the price reached 79 $ by the 17th of march I'll be watching for top formation
HOOD trade ideas
HOOD: large base breakout:selling pressure or blue sky above?NASDAQ:HOOD HOOD: large base breakout:selling pressure or blue sky above?
HOOD is coming out of a very large base.
If there is no selling pressure coming in the next few weeks we could see this move like NASDAQ:PLTR or. NYSE:RDDT base breakouts.
49% move in a 2 months is a very strong move. if there is a short term pullback followed by a bounce back, i will add to my position.
Please know your own risk and do your own research. not Financial advice.
HOOD: Buy ideaOn HOOD we would have a high probability of having an upward trend given the configuration of the chart.
ROBINHOOD - Skyrocket after earnings -will there be enough fuel?Robinhood stock skyrockets +15% after incredible earnings.
Question is if the stock will staright continue its path up, since it had a very long and huge bullish trend. Meaning, the next retracement could be severe. But there is not much data to work with meaning it could do the Rolls Royce move and continue endless to be bullish. For me this stock even with incredible earnings is playing with fire i don´t like American hype stocks, since when they have scandals they are punished extrem. Best luck for anyone betting for more.
HOOD. Drop first before the pump. I believe we will come down early next year (bottom box) before we pump to test some important daily levels (top Box). Thoughts?
Good massive cup. But what about handle? Not sure if you guys line going back this far,but if you look at Robinhood on the week chart it just made a
SICK ASS cup. If it makes a handle too….. could be talking hood at like 100$! That’s a 100% move! Just speculation and something to watch for. Over the next few months because as it touches this resistance if the high. (Not the wick) could pull back. (Start of the handle.)
HOOD top into earningsI believe we are seeing a 5th wave here that lines up perfectly with the 1.618 fib. This is a difficult stock to short so I definitely wont be doing that. My plan will be to re-enter a position and sell CSP around 45$ if we get the correction I am looking for. 5 waves played out on the last downtrend, so I am hopeful this works here.
Robinhood: Turned Off The Buy Button Now They Get Turned OffRobinhood...Robinhood...Robinhood
We all remember how they infamously turned off the BUY button in GME trading which caused it to plummet
Well I wonder if they will try turning off the SELL button this time on their own stock lol?
Cant wait to short this sucker to the ground
Not financial advice of course
Short Term Top In Place?
Primary count: top of wave 3 in place
Secondary count: top of wave 5 in place competing a larger degree wave 1.
(Invalidation at any daily close above 53.51 / the previous high).
If primary or secondary counts are correct then we would expect a short term correction.
HOOD so strongI love this chart, this channel is so strong, not offering many opportunities.
I believe we see a correction in this bull flag, watching the centerline of the channel for support and or resistance...
If we can hold this channel during any bearish market, we see $80 to $100, but I am not a professional...
HOOD Ascending Triangle - Strong Support, Breakout Next WeekClassic ascending triangle pattern for HOOD, with recent price upgrades from analysts at the high point of $60, there is strong support. Breakout at $52 predicted.
Hood primed to correctHood has had an amazing run so far. If you look back we have a previous 5 wave move on the weekly with a healthy correction. Despite BTC bullishness hood is primed for a correction here. There is a possibility that the 5th wave moves further. BBWP and stochastic momentum cannot stay this high forever. The stock remains very far from moving averages as well.
My plan:
I look for another entry around 37-38$ or at least a connection with the 21EMA
Get ready for funHood setup is glorious. I've outlined a few areas to add on a pullback (green horizontals), i'm hoping this happens sooner than later. Does it have to test these? No, not really. Either way this setup looks primed to a move to $70.
Stock Of The Day / 01.17.25 / HOOD01.17.2025 / NASDAQ:HOOD
Fundamentals. Positive analytics and target price increase from Morgan Stanley.
Technical analysis.
Daily chart: Exit upward on increased volume from a two-month price range.
Premarket: Gap Up on moderate volume. Premarket high 48.00 stopped the upward movement.
Trading session: The first attempt to breakout the 48.00 level after tightening to the level was unsuccessful, then the price made a significant pullback, but then continued to tighten and froze into a very narrow range under the level in the period 11:30 a.m. - 11:50 a.m. In case of a breakout, we are considering a long trade to continue the upward movement.
Trading scenario: #breakout (#squeeze) of the 48.00 level
Entry: 48.06 aggressive entry into the breakout.
Stop: 47.89 hide behind the range below the level and behind the round number 47.90.
Exit: Close part of the position around 49.04 after the second unsuccessful attempt to breakout the level of 49.20. Close the remaining part of the position at a price of 48.95 when the structure of the uptrend is broken.
Risk Rewards: 1/5
P.S. In order to understand the idea behind the Stock Of The Day analysis, read the following information .
Robinhood Fib CirclesNASDAQ:HOOD
$51 or $52 seems to be nice high point of this range the stock is in. Next ranges are high 50's.
Comment what you think about this chart.
Comment any tips or suggestions.
NASDAQ:HOOD
$HOOD - pattern breakoutHOOD - seeing another stock with key resistance level break of $43.20. Stock is breaking out of consolidation zone. calls added in group. looking for $50 on this one. Stock is strong on indicators and has more upside
$HOOD - Breaking outNASDAQ:HOOD is breaking out from the ascending triangle. The $49 area is the next target.
I added new targets to the chart. Let's hope we hit all of them.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
Hood looks good!Hood has that look! If $37 level holds i think hood sees bullish continuation to the $45 area. I would use caution if the price dips below $37 for multiple days, there is not much in support until the high 20s. Personally i would sell 1/3 of the position if this happens, and i would also sell 1/3rd if we trade up to $44-45.
Using levels calculated using options data to tradeThis is an example of how to use the indicator I built.
I mentioned IV without explaining that it's the "Implied Volatility". Higher numbers indicate that options contracts are more expensive. Reason why I mentioned PLTR is a great candidate to sell covered calls.
Another thing I didn't mention is that the indicator is fully compatible with Pine Screener, allowing you to find tickers where price relative to the walls meet several conditions.
Sorry, I started with PLTR and ended with HOOD, so it's showing HOOD.
IMPORTANT: My explanation of how market makers work is a very simplistic one just for people to understand. Not very accurate, I know.
Enjoy!
HOODHood retrace to $34 for wave 4 less than 38% retracement.We headed for wave 5 $47.75 plus target .
HOOD 5/10/2022HOOD
This HOOD will be snipped
HOOD is currently in an existing downtrend.
I reached All-time lows in Jan.’22 and has been moving sideways between 10.86 – 15.14 since.
April ’22, price broke down from range signaling continuation of downtrend.
Price then pulled back to previous support at 10.86 and rejected it turning previous support into resistance.
MACD is in bearish territory and has also cross its signal bearish.
This is my cue to enter trade short.
Entering trade short.
Entry: 9.27
Stoploss: 11.23
Target: 6.58, +28.85%, 1.35 RR ratio
Robinhood TP 23- 33 After earnings ? Reasons Why !!
In Q4 2023, Robinhood’s net revenues increased by 24% year-over-year to $471 million.
This growth was driven by higher net interest, transaction-based, and other revenues1.
The company reported net income of $30 million, a significant improvement from the net loss of $166 million in Q4 20221.
Adjusted EBITDA rose to $133 million, a 62% increase year-over-year1.
Customer Growth and Assets Under Custody (AUC):
Funded Customers increased by 420 thousand year-over-year to 23.4 million1.
AUC surged by 65% year-over-year to $102.6 billion1.
Market Expectations and Confidence
Robinhood’s ability to turn a profit in Q4, coupled with its record annual revenues, suggests that its strategic initiatives are paying off. The company’s innovative features and strong financial performance have instilled confidence in investors.
Remember that stock prices often respond to earnings reports. If the market believes a company is performing well, stock prices tend to go up. Conversely, if confidence wanes, stock prices may decline2.
Keep an eye on Robinhood’s upcoming earnings report on Wednesday, May 8th, 20243. It will provide further insights into the company’s performance and may impact its stock price.
HOOD Long...I recognize a move into a bull flag, a test of the 21EMA before breaking out of the flag, and anticipate that a measured move will result in a $55 TP.
